Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) had its price target boosted by Credit Suisse Group from €232.00 ($260.67) to €241.00 ($270.79) in a research report issued to clients and investors on Friday, The Fly reports. The firm presently has an “underperform” rating on the financial services provider’s stock.
MURGY has been the topic of a number of other reports. Berenberg Bank reiterated a “buy” rating on shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München in a report on Friday, August 27th. Barclays reissued an “overweight” rating on shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München in a research report on Friday, September 10th. Societe Generale reissued a “buy” rating on shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München in a research report on Friday, August 13th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München in a research report on Tuesday, September 7th. Finally, UBS Group reissued a “buy” rating on shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München in a research report on Friday, September 17th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $241.00.
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München stock traded down $0.23 during mid-day trading on Friday, reaching $28.09. 37,847 shares of the company’s stock were exchanged, compared to its average volume of 46,207. The company has a market cap of $39.35 billion, a P/E ratio of 14.41 and a beta of 1.08. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München has a twelve month low of $25.44 and a twelve month high of $32.73. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.14. The company has a fifty day moving average of $28.57 and a 200-day moving average of $28.36.
We’ve cleared away the complexities and translates Wall Street speak to English—if you’re new to options trading, this is the guide for you!
About Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München
Münchener Rückversicherungs-Gesellschaft AG engages in the provision of insurance and reinsurance services. It operates through the following segments: Life and Health Reinsurance; Property-Casualty Reinsurance; ERGO Life and Health Germany; EGRO Property-Casualty Germany; and ERGO International. The Life and Health Reinsurance segment includes global life and health reinsurance business.
Featured Article: Marijuana Stocks
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]
Should you invest $1,000 in Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München right now?
Before you consider Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München wasn’t on the list.
While Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
View The 5 Stocks Here
Be the first to comment